Tag: sanctions

Treasury Sanctions Crypto Exchanges Funding Iran’s IRGC and Enabling Illicit Finance – Secretary Scott Bessent Locking Funding Down

Clark Savage60

On August 7, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sweeping sanctions targeting digital asset exchanges and networks used by the Iranian regime to launder funds, evade sanctions, and support the Islamic Revolutionary Guard Corps (IRGC) and other terrorist groups. The action hits two major platforms exploited by […]

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US Senate Passes Russia Sanctions Bill Championed by Graham: Is This Even Worth the Paper It Is Written On?

Clark Savage84

On August 7, 2026, the U.S. Senate overwhelmingly passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 by a vote of 86-11. The bipartisan measure, renamed in honor of the late South Carolina Senator Lindsey Graham—who championed it until his death last month—now heads to the House. The legislation authorizes the president […]

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How is the rebalancing of the oil market handling Russia’s degraded refining capacity, and sanctioned dark fleet?

Clark Savage122

ENB Pub Note: This article originally ran on RHG Phoenix’s site by Randy Green. We will be visiting with them on the podcast soon.   The global oil market is navigating a complex rebalancing act amid geopolitical disruptions, sanctions evasion, and shifting supply dynamics. As of mid-July 2026, Brent crude trades in the low-to-mid $80s per […]

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FT Uncovers $90 Billion Russian Oil Smuggling Operation: The Dark Fleet\’s Shadow Over Global Energy

Clark Savage126

In a stunning revelation that underscores the resilience of Russia\’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude oil. Dubbed the \”Dark Fleet,\” this shadowy armada of aging tankers and opaque trading entities has been operating for years, […]

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U.S. Seizure of Russian-Flagged Tanker Sends Message to the Shadow Fleet

Clark Savage112

The seizure of the Marinera challenges the legal and practical value of Russia’s effort to shield shadow fleet vessels through rapid reflagging. U.S. actions signal a tougher, more expansive approach to enforcing oil sanctions against Russia, Iran, and Venezuela. The incident risks further diplomatic fallout with Moscow amid already strained negotiations over Ukraine and global […]

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